Northern Virginia Buyers: Is Skipping Home Inspections the New Norm?

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Join Abraham Walker as he dives into the latest Northern Virginia real estate trends with insider data from Echo Title. Discover why some buyers in Reston are paying above the asking price without home inspections and what risks this entails. Are waived home inspections and financing contingencies becoming the new standard in our fiercely competitive market? Plus, get insights on the lesser-known post-settlement occupancy agreements and how they can impact your negotiation tactics. Whether you're buying or selling, this video is packed with critical information you can't afford to miss. Click to watch and learn how to navigate these risky waters with confidence. Ready to start the home buying process? Check out the Perfect Home Questionnaire link in the description and schedule your personal consultation!
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@CTSega Ай бұрын

As someone who just purchased a home in the area, it's because 9/10 times, you'll lose the home if you have a home inspection contingency. Every home we looked at had multiple bids, most at over asking price, and if you ask for an inspection, you may as well not even make an offer on the house. I'm not saying its smart or makes sense, but it's 100% the reality of desirable properties in the DMV area. We lost 5+ offers to buyers that waived every contingency, including appraisal and home inspection. We started doing a pre-inspection with our inspector during walk throughs, and started waiving everything. TL;DR - if you're serious about purchasing a home in a desirable neighborhood in the DMV area, a home inspection will drastically lower your chances of your offer being accepted.